Thanks Europe for using regulation (PSD2) to open up banking to fintech startups. Would anyone be interested in joining me in championing similar legislation in the US through congressional representatives, the Federal Reserve, and FDIC?
I don't know PSD2 fully but I know that my bank rolled out support for it and as far as I gather, applications should not have to ask for my username/password via their own UI (which after testing Plaid, they do), but rather use the authentication systems from the banks to authenticate. Maybe I used it wrong though.
